Business minister Emer Higgins TD has officially opened the new office space of consumer technology company, Coroflo, in DCU Alpha in Dublin.
Coroflo, the consumer medtech firm, has developed the world’s first accurate breast-feeding monitor, Coro. The company has successfully achieved technical and clinical validation, and having secured contracts with several pharmacy retail chains including McCabes and McCauleys is building production and launching ‘Coro’ to the market later this year.
Swift and sustainable expansion
With a recent funding round of €3m and a total investment to date of €6m, Coroflo is set for a trajectory of swift and sustainable expansion. The company has doubled its workforce in the last six months and aims to further expand its workforce with six additional hires over the next 12 months. Coroflo has also recently appointed former tánaiste Mary Harney to its board.
L-R: Daire Keogh, president DCU; Mary Harney, board member Coroflo; business minister Emer Higgins TD; Rosanne Longmore, CEO Coroflo; Rachael James, senior development adviser in retail, consumer and online, Enterprise Ireland.
Minister Higgins, highlighted the government’s endorsement of Coroflo’s contribution and commitment to technological innovation and employment growth: “Coroflo’s technology is a game changer in helping to support and equip breastfeeding mothers to monitor milk intake during those formative weeks and months following a new arrival.
"Today’s announcement paves the way for this innovative company to grow and scale. The government, through Enterprise Ireland, looks forward to continued engagement with Coroflo to support the growth of the business into the future.”
CEO and co-founder Rosanne Longmore speaks to the heart of Coroflo mission, said: "Today’s opening marks a milestone for Coroflo. Our upcoming product launch of Coro, the opening of the new office and the enhanced leadership team underscore our resolve to set the gold standard for growth and inspiration in the femtech landscape."
Leo Clancy, CEO, Enterprise Ireland said: “Coroflo is a high potential startup bringing innovation and adaptability to the critical area of infant feeding, providing new mothers with the confidence through technology to continue their breastfeeding journey.”